Global Water Soluble Polymers Market

Posted by Ganesh Mane on April 24th, 2021

Global Water Soluble Polymers Market was valued at US$ 39.50 Bn in 2019, and is expected to reach US$ 65.37 Bn by 2027, at a CAGR of 6.5 % during forecast period.  To know about the Research Methodology :- Request Free Sample Report The objective of the report is to present a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, industry-validated market data and projections with a suitable set of assumptions and methodology. The report also helps in understanding water soluble polymers market dynamics, structure by identifying and analyzing the market segments and project the global market size.
Further, report also focuses on competitive analysis of key players by product, price, financial position, product portfolio, growth strategies, and regional presence. The report also provides PEST analysis, PORTER’s analysis, SWOT analysis to address questions of shareholders to prioritizing the efforts and investment in near future to emerging segment in water soluble polymers market.
The report study has analyzed revenue impact of covid-19 pandemic on the sales revenue of market leaders, market followers and disrupters in the report and same is reflected in our analysis. Polymer substance which can be easily dissolved in water to form various solutions or to modify the physical properties in order to accomplish various purposes in aqueous media such as thickening, dispersion, coagulation, reduction, and emulsification are known as water soluble polymers. The raw materials used for the composition of water soluble polymers can be extracted from the natural source or can be in terms of synthetic.
Based on the raw material, the synthetic water soluble polymers, having more than 50% market share in terms of consumption and value. Synthetic Water-Soluble Polymers are organic substances that dissolve, disperse, or swell in water and thus modify the physical properties of aqueous systems undergoing gellation, thickening, or emulsification/stabilization. These polymers perform a variety of functions in aqueous media, including use as dispersing and suspending agents, stabilizers, thickeners, gellants, flocculants and coagulants, film-formers, humectants, binders, and lubricants. Based on the type, Polyacrylamide is the fastest growing market because of its applications in water treatment and petroleum segment. Polyacrylamide had almost one-fourth of the total market share in 2017.
The market share is increasing at a considerable rate due to promising demand for water treatment and petroleum production. Guar gum is another major product segment and is expected to grow significantly, from 2018 to 2026. Guar gum is primarily produced in Asia which accounts for about 80% of the global guar gum production. India and Pakistan are the leading producers of guar seeds and gum which are used for the production of guar gum. Based on the application, the water treatment segment accounted the major share of water soluble polymers market and it is expected to dominate the market during forecast period.
Water soluble polymers are used for water treatment on a large scale. Rising urbanization is an outcome of growing population around the globe generating the requirement for houses, residential complex, which indirectly boosts the demand for application segments. Water-soluble polymers are used in packaging agriculture chemicals and films, pulp, and paper industry, sugar refining, and many others which are also some of the applications enhancing the demand for water soluble polymers.
Enhanced oil recovery of crude oil has gained huge adoption in the petroleum industry, which further increases the demand for water soluble polymer. Varying raw material prices may hamper the growth of the water-soluble polymer market in future. Geographically, Asia Pacific was a dominant market in 2017 accounting for over 40.0% of the global revenue share and will show high growth on account of rising personal care, food & beverages and pharmaceuticals sector in China, India, and Indonesia.
Growing waste water treatment industry in India owing to supportive government policy encouraging private investments in projects will stimulate demand. North America is expected to grow at a significant rate from 2018 to 2026 in terms of volume on account of shale gas boom coupled with growing pharmaceuticals and food & beverage sector in the U.S., Canada, and Mexico. Europe is likely to show substantial growth as a result of rapid consumption in personal care, detergents and oil & gas sector in UK, Germany, and Spain.

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Global Water Soluble Polymers Market, By Raw Material Type

• Synthetic • Natural • Semi-Synthetic

Global Water Soluble Polymers Market, By Type

• Polyacrylamide • Guar Gum • Polyvinyl Alcohol • Casein • Gelatin • Polyacrylic Acid • Others

Global Water Soluble Polymers Market, By Application

• Water Treatment • Detergent & Household Products • Petroleum • Paper Making • Others

Global Water Soluble Polymers Market, By Region:

• North America • Europe • Asia Pacific • Middle East & Africa • South America

Key Players Operating In Global Water Soluble Polymers Market

• SNF SAS • BASF SE • Kuraray Group • Ashland Inc • Kemira OYJ • Arkema S.A. • E. I. DU Pont De Nemours • LG Chem Ltd. • The Dow Chemical Company • Nitta Gelatin Inc.

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Ganesh Mane

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Ganesh Mane
Joined: January 27th, 2021
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